ASIA RICE-India rates anchored near 3-year peak on strong export demand

Capt. John

Rice export prices in India, the top exporter of the staple, remained anchored near a three-year high this week as other Asian and African buyers continued purchases, shrugging off the uptick in rates in recent weeks. India’s 5 percent broken parboiled variety RI-INBKN5-P1 was quoted at $402-$408 per tonne this week, unchanged from last week, …

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Author: Capt....

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